Trilogy Metals (TSE:TMQ) Trading Down 1.4%

Trilogy Metals Inc. (TSE:TMQ) shares traded down 1.4% on Monday . The company traded as low as C$0.64 and last traded at C$0.69. 13,400 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 23,333 shares. The stock had previously closed at C$0.70.

Analyst Upgrades and Downgrades

Separately, TD Securities cut Trilogy Metals from a “buy” rating to a “hold” rating and set a C$0.75 target price on the stock. in a report on Thursday, July 11th.

Trilogy Metals Stock Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 5.25 and a current ratio of 30.42. The stock has a market capitalization of C$112.39 million, a PE ratio of -6.36 and a beta of 1.34. The firm’s 50 day moving average is C$0.77 and its two-hundred day moving average is C$0.69.

Trilogy Metals (TSE:TMQ) last released its earnings results on Wednesday, July 10th. The company reported C($0.01) EPS for the quarter, hitting the consensus estimate of C($0.01). As a group, research analysts predict that Trilogy Metals Inc. will post -0.07 earnings per share for the current year.

Trilogy Metals Company Profile

Trilogy Metals Inc, a base metals exploration company, engages in the exploration and development of mineral properties in the United States. The company explores for copper, cobalt, lead, zinc, gold, and silver properties. It principally holds interests in the Upper Kobuk mineral projects that include the Arctic, which contains polymetallic volcanogenic massive sulfide deposits; and Bornite that contains carbonate-hosted copper – cobalt deposits covering an area of approximately 448,217 acres located in the Ambler mining district in Northwest Alaska.